Fostoria Hospital Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 42,246,912 | 35,595,898 | 6,651,014 | 2.8 | 33% |
| 2021 | 45,375,690 | 37,597,689 | 7,778,001 | 2.6 | 33% |
| 2022 | 46,158,729 | 44,319,791 | 1,838,938 | 1.7 | 24% |
| 2023 | 52,501,973 | 45,286,437 | 7,215,536 | 3.5 | 24% |
In its most recent public year (2023), this organization brought in $7,215,536 more than it spent. Its reserves stood at about 3.5 months of spending. Staff pay was 24% of spending. $3,234,130 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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